MRIRF (Route 109 Resources) Total Assets: $11.42 Mil (As of Feb. 2026)


MRIRF Route 109 Resources Inc MRIRF
39 GF Score
Price $0.03
! 1 Warning Sign
View Full Analysis

What is Route 109 Resources Total Assets?

Route 109 Resources MRIRF 39 Total Assets is $11.42 Mil as of Feb. 2026. GuruFocus rates MRIRF with a GF Score™ of 39/100. The stock has 1 warning sign investors should review.

Route 109 Resources's Total Assets for the quarter that ended in Feb. 2026 was $11.42 Mil.

During the past 12 months, Route 109 Resources's average Total Assets Growth Rate was 6.50% per year. During the past 3 years, the average Total Assets Growth Rate was 6.60% per year. During the past 5 years, the average Total Assets Growth Rate was 74.20% per year.

During the past 9 years, Route 109 Resources's highest 3-Year average Total Assets Growth Rate was 912.10%. The lowest was 6.60%. And the median was 206.00%.

Total Assets is connected with ROA %. Route 109 Resources's annualized ROA % for the quarter that ended in Feb. 2026 was -1.92%. Total Assets is also linked to Revenue through Asset Turnover. Route 109 Resources's Asset Turnover for the quarter that ended in Feb. 2026 was 0.00.

Route 109 Resources  (OTCPK:MRIRF) Total Assets Explanation

Total Assets is connected with ROA %.

Route 109 Resources's annualized ROA % for the quarter that ended in Feb. 2026 is

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=-0.216/( (11.091+11.42)/ 2 )
=-0.216/11.2555
=-1.92 %

Note: The Net Income data used here is four times the quarterly (Feb. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Route 109 Resources's Asset Turnover for the quarter that ended in Feb. 2026 is

Asset Turnover
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=0/( (11.091+11.42)/ 2 )
=0/11.2555
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Route 109 Resources Total Assets Related Terms

Route 109 Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Route 109 Resources's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Route 109 Resources Total Assets Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Total Assets
Get a 7-Day Free Trial Premium Member Only 11.24 10.99 11.07 11.54 11.34

Route 109 Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.10 11.29 11.34 11.09 11.42
MRIRF
39GF Score
Route 109 Resources Inc MRIRF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Route 109 Resources Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Route 109 Resources's Total Assets for the fiscal year that ended in Aug. 2025 is calculated as

Total Assets=Total Equity (A: Aug. 2025 )+Total Liabilities (A: Aug. 2025 )
=10.98+0.357
=11.34

Route 109 Resources's Total Assets for the quarter that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (Q: Feb. 2026 )+Total Liabilities (Q: Feb. 2026 )
=11.016+0.404
=11.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $11.42 Mil mean?
Route 109 Resources (MRIRF) has a Total Assets of $11.42 Mil as of Feb. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Route 109 Resources and its competitors.
Is Route 109 Resources' Total Assets too high?
Route 109 Resources' current Total Assets is $11.42 Mil. Overall, Route 109 Resources has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Route 109 Resources' Total Assets compare to NEM and AU?
Route 109 Resources' Total Assets of $11.42 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Route 109 Resources and its competitors. Route 109 Resources's current Total Assets is $11.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route 109 Resources stock overvalued right now?
Route 109 Resources (MRIRF) has a current Total Assets of $11.42 Mil. The current Total Assets is $11.42 Mil. Route 109 Resources' overall GF Score™ is 39/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Route 109 Resources (MRIRF), the current Total Assets is $11.42 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Route 109 Resources Business Description

Other Exchanges 8M0:GermanyRTE:Canada
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.
39GF Score

Get the complete analysis for MRIRF

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.03
Price